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Indonesian Fund Eyes Domestic Investments Soon
9 Oct
Summary
- Danantara, Indonesia's sovereign wealth fund, plans domestic investment.
- The fund has deployed capital into overseas projects this year.
- Focus will shift to home market within the next six months.
Indonesia's sovereign wealth fund, Danantara, is preparing to redirect its investment focus toward domestic opportunities. This strategic adjustment comes after a year marked by substantial capital deployment into multiple international projects.
According to Pandu Sjahrir, the fund's Chief Investment Officer, the immediate future, specifically the next three to six months, will be dedicated to exploring and capitalizing on opportunities within Indonesia's own market. This marks a significant shift from its recent international investment activities.